Pacific Crest started coverage on shares of GTT Communications Inc (NYSEMKT: GTT) in a research report released. GTT Communications Inc (NYSEMKT: GTT) issued an outperform rating and price objective on the stock. GTT Communications Inc (NYSEMKT:GTT) net profit margin is -15.70% and weekly performance is 12.18%. On last trading day company shares ended up $11.97. Analysts mean target price for the company is $16.00. GTT Communications Inc (NYSEMKT:GTT) distance from 50-day simple moving average (SMA50) is 16.28%.
Straight Path Communications Inc (NYSEMKT:STRP) leases its extensive holdings of 39 and 28 GHz fixed wireless spectrum licenses as an effective means to build wireless networks. Straight Path Communications Inc (NYSEMKT: STRP) shares advanced 0.11% in last trading session and ended the day on $9.18. STRP Gross Margin is 10.00% and its return on assets is -20.20%. Straight Path Communications Inc (NYSEMKT: STRP) quarterly performance is 12.09%.
Oi SA (ADR) (NYSE:OIBR) announced that it was witnessing a second back-to-back quarter of diminishing revenue, which in turn led to underscoring its plan for cutting costs through merger with SGPS SA, a Portugal Telecom company. Oi SA (ADR) (NYSE:OIBR) shares moved up 6.85% in last trading session and was closed at $0.920, while trading in range of $0.86 – $0.92. Oi SA (ADR) (NYSE:OIBR) year to date (YTD) performance is -42.14%.
On 2 JUNE Gogo Inc (NASDAQ:GOGO) announced today that it will participate in the William Blair 34th Annual Growth Stock Conference on Tuesday June 10 in Chicago, IL. Norman Smagley, Executive Vice President and Chief Financial Officer, is expected to speak at 10:30 a.m. ET. Gogo Inc (NASDAQ:GOGO) ended the last trading day at $18.15. Company weekly volatility is calculated as 6.41% and price to cash ratio as 7.03. Gogo Inc (NASDAQ:GOGO) showed a negative weekly performance of -2.79%.
On 29 MAY Towerstream Corporation (NASDAQ:TWER) announced a small cell services teaming agreement with Alcatel-Lucent (Euronext Paris: ALU) (NYSE:ALU) enabling a one-stop solution for carriers to deploy Small Cell wireless infrastructure. Towerstream Corporation (NASDAQ:TWER) net profit margin is -76.40% and weekly performance is -14.43%. On last trading day company shares ended up $1.66. Analysts mean target price for the company is $5.00. Towerstream Corporation (NASDAQ:TWER) distance from 50-day simple moving average (SMA50) is -14.73%.